ESG ratings

MSCI ESG Research

MSCI ESG Research has awarded Deutsche Bahn AG an "A" rating. 

In the ESG rating by MSCI, the rating of Deutsche Bahn Group (DB Group) was adjusted to "A". This rating places DB Group just below the average for the "Road & Rail Transport" sector. A main driver for the adjustment is the change to the assessed key issues in the DB Group rating. DB Group does not share the rationale behind this change, considers it to be factually incorrect and entered into dialogue with MSCI on this matter. MSCI has been assessing DB Group since 2013.  

MSCI ESG Research products and services are designed to provide companies around the world with in-depth research, assessment and analysis of environmental, social and governance-related business practices. ESG ratings, data and analyses are also used in compiling the MSCI ESG indexes. For more than 40 years, MSCI's research-based indexes and analyses have helped investors worldwide build up and manage their portfolios.

DISCLAIMER STATEMENT
THE USE BY DB GROUP OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF DB GROUP BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.

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